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Housing starts hit best year since 2007

December made up for some of its lost ground in November with an increase in housing starts. In fact, 2016 finished off the year as the best year for housing starts since 2007. However, the market remains in desperate need…

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Hopes High as Home Builders Encouraged by New Administration

Home builders have high hopes for the year ahead, anticipating a solid real estate market while being encouraged by the promises of a new administration. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) posted 67 this…

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Homebuilders keep confident moving into 2017

Builder confidence came down off December’s high, the highest level for more than 10 years, but remains strong headed into 2017. According to the National Association of Home Builders, many builders are excited for the business conditions that the new…

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HomeServices of America, Inc. Acquires Houlihan Lawrence

HomeServices of America, Inc. has acquired Houlihan Lawrence, adding the firm’s 30 offices and 1,300 sales associates in the northern suburbs of New York City, the company announced on Tuesday. Houlihan Lawrence President and CEO Stephen Meyers and Managing Principal…

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Chicago area sees most home sales since 2006

RE/MAX’s annual report showed the Chicago area saw its highest level of home sales since 2006. However, despite the increase, the city continues to struggle with low levels of housing inventory. Source: 1

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